The world’s largest contract chipmaker booked third-quarter profit of T$89.925 billion ($2.98 billion), from T$96.76 billion in the same period a year earlier. The result compared with the T$88.19 billion average of 21 analyst estimates, Thomson Reuters Eikon showed.

Revenue rose to $8.32 billion, up 1.5 percent from a year earlier. That was better than the $8.12 billion to $8.22 billion forecast TSMC issued in July. ($1 = 30.2200 Taiwan dollars)